Filing Flows › Artesian Resources (ARTNA) › Q1 2026
Artesian Resources (ARTNA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Artesian Resources (ARTNA) reported revenue of $27.8M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -0.9% from the quarter before. Operating margin was 22.6%, net earnings $5.9M (21.4% of revenue).
Artesian Resources, Q1 2026: revenue $27.8M (+7% year over year), operating margin 22.6%, net earnings $5.9M, operating cash flow $8.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.8M | -0.9% | +7% |
| Operating profit | $6.3M | +9% | +13% |
| Net earnings | $5.9M | +44% | +9% |
| Operating cash flow | $8.6M | -17% | -21% |
What changed
Revenue was $27.8M in Q1 2026, up 7% year over year and down 1% from the previous quarter. Water Sales was the largest line at 80% of revenue. Water Sales added $1.5M year over year (up 7%), 80% of the total change.
Operating profit was $6.3M, a 22.6% margin (up 1.2 points year over year). Of the extra revenue versus Q1 2025, 39% reached operating profit, above the 21% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $5.9M, up 9% year over year. The effective tax rate was 0.0%.
Operating cash flow was $8.6M (down 21% year over year), 146% of net earnings. Non-cash charges added back $3.5M of depreciation and amortization and $92K of share-based compensation. Working capital and other items used $842K. Capital expenditures of $13.1M exceeded it, leaving free cash flow of −$4.5M.
Questions
What was Artesian Resources' revenue in the first quarter 2026?
Artesian Resources (ARTNA) reported revenue of $27.8M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -0.9% from the quarter before.
Was Artesian Resources profitable in the first quarter 2026?
Operating profit was $6.3M (22.6% of revenue) and net earnings $5.9M.
Source: Artesian Resources 10-Q on SEC EDGAR.